Are You Prepared For a Financial Emergency? Survey Says Most Americans Aren’t
- Posted on June 20, 2011 at 9:50am by
Jonathon M. Seidl
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CHICAGO (AP) — Even after the jolt of the Great Recession, a new study finds that most Americans are not financially prepared for an emergency.
A survey released Monday by financial data publisher Bankrate.com found that only 24 percent of consumers have the recommended cushion of at least six months’ expenses set aside. The vast majority aren’t ready for contingencies; another 24 percent don’t have any emergency savings at all.
With 6.2 million people out of work for half a year or longer, the results underscore just how unprepared many are at a time when both job security and the economy pose concerns.
“The majority of Americans still have much work to do in building an adequate emergency savings cushion,” said Greg McBride, senior financial analyst for Bankrate.
The survey results are somewhat surprising, he said, in that the high rates of both joblessness and underemployment dating to the 2007-09 recession have driven home the need for emergency savings. Yet the challenges of the economy and job market also have limited the ability to sock money away for unexpected expenses.
Respondents under age 30 and those with annual incomes under $30,000 were the most likely to report having no emergency savings whatsoever. Those likeliest to have six months’ expenses in an emergency fund were higher-income households and people in their 50s and 60s.
Fewer than half of those who participated in the poll had at least three months’ expenses in emergency savings — unchanged from 2007 results.
Discipline is key in building up emergency savings, McBride said.
The takeaway for consumers, he said, should be to start putting more money away with every paycheck. If they build their savings by paying themselves first via automatic deposit, they will gradually move closer to the six-month savings level and also force themselves to spend less.
Among other survey findings:
- Feelings of financial security, as measured by Bankrate’s monthly Financial Security Index, declined slightly to 97.8 in June from 98.5 in May. Any reading under 100 signifies how much less financially secure people are feeling than a year ago.
- About 26 percent said they were more comfortable with their debt compared with a year ago and 19 percent felt less comfortable, the lowest figure since Bankrate began the monthly polls last December.
Results were based on a telephone survey with 1,006 adults conducted June 2-5 by Princeton Survey Research Associates International. The margin of error was plus or minus 4 percent.
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Comments (122)
cntrlfrk
Posted on June 20, 2011 at 12:29pmObama and his Administration are high-fiving each other over the results of this poll.
This is success to them.
One economic meltdown coming up!
.
Report Post »NewRodeo
Posted on June 20, 2011 at 12:21pmIn the case of a financial collapse, why would it matter if I have debt (credit card, auto loan, etc)?
Report Post »Sam Brown
Posted on June 20, 2011 at 12:26pmThere will be people who come to collect what you owe…
Report Post »NewRodeo
Posted on June 20, 2011 at 12:36pmReally?!
Report Post »If I understand “financial collapse” correctly, the currency is junk & the banks are gone. There will be no one to pay back nor anything to pay them with.
Sam Brown
Posted on June 20, 2011 at 12:52pmPeople you owe money to will use the law to take what you have. The protections you think you have will dissapear when things go to heck. Do you think if you owe your neighbor money he won’t come collect ?
Report Post »NewRodeo
Posted on June 20, 2011 at 1:07pmI seriously doubt in a financial collapse that a credit union 1000 miles away will have any employees left to send to get the truck. Furthermore, Cabela‘s Visa won’t have anyone to send on collections for $1500 bill.
I may be wrong, but seriously doubt it.
Report Post »Sam Brown
Posted on June 20, 2011 at 1:17pmPeople will be looking for any kind of work they can do, debt collection will pay well. Just saying..
Report Post »whitebears
Posted on June 20, 2011 at 12:20pm@Bearfoot, Whitefang and Sinasta… Whitefang “got it”…I preceive you are of the “Elect”…Whitefang… we’ve got some big chores ahead of us…Barefoot, let’s back up a bit to what JESUS said…the red print in the Bible…THERE IS NO RAPTURE!!! Hate to bust your bubble…
Report Post »Luk 21:8 ” And he said, Take heed that ye be not deceived: for many shall come in my name, saying, I am Christ; and the time draweth near: go ye not therefore after them. ” You can read the rest….but AGAIN in 2 Thes. 2:1-15 are the order of events…DO NOT BE DECEIVED…there will be a FALLING AWAY, and then the son of perdition will come as the anti-christ BEFORE CHRIST COMES….clouds in 1Thes. 4:17 represents WITNESSES….Christians, use a King James Bible and a Strong’s Exhaustive Concordance to dig for TRUTH…
2Th 2:1 Now we beseech you, brethren, by the coming of our Lord Jesus Christ, and by our gathering together unto him,
2Th 2:2 That ye be not soon shaken in mind, or be troubled, neither by spirit, nor by word, nor by letter as from us, as that the day of Christ is at hand.
2Th 2:3 Let no man deceive you by any means: for that day shall not come, except there come a falling away first, and that man of sin be revealed, the son of perdition;
2Th 2:4 Who opposeth and exalteth himself above all that is called God, or that is worshipped; so that he as God sitteth in the temple of God, shewing himself that he is God.
packrbackr
Posted on June 20, 2011 at 12:19pmWhen I do the shoping I buy extra for storeage and my wife laughs and calls me doctor dome. It is very hard when only one see’s or wants to hear what is coming. My battle starts at home.
Report Post »Very hard when 1/2 the team doesn’t want to partisipate to win.
tweetybird
Posted on June 20, 2011 at 1:10pmI completely understand. My husband is always mocking me. Getting a little tired of it.
Report Post »Sam Brown
Posted on June 20, 2011 at 1:13pmMake sure you buy with cash. The government is watching who is hoardeing. Never use the rewards card at the store either, tells the government just how much you have and if times get rough they will come and take it.
Report Post »abbygirl1994
Posted on June 20, 2011 at 4:02pmShop at stores that do not use those little savings cards.
Report Post »roseblood
Posted on June 20, 2011 at 12:14pmWe you wonderful people come up with a solution for an apartment dweller to have more than a couple months worth of stored foodstuffs, you let me know.
Report Post »I went from a house to an apartment in order to cut my monthly expenses in half, but now there is no practical way to maintain this 10-year food plan you are speaking of Susan, much less 6-months. I have enough to shelter in place for 90-days (at 2500 calories a day), and beyond that I will have to rely skills I have learned over the decades.
Financially I have tanked over the last three years, and I am trying to rebuild… but it ain’t happening any time soon.
So all of you who have prepared so well, and feel the need to bash people who haven’t… how about being a little more charitable with your advice instead of telling people how terrible it will be for them.
upstateny
Posted on June 20, 2011 at 12:21pmGet the Cheaper Than Dirt catalog. You can purchase 6 months wort of freeze dried food with a 25 year life for about 200. You can also outfit yourself with the essential equipment for a few hundred more.
Report Post »Sam Brown
Posted on June 20, 2011 at 12:24pmNot knowing your financial condition makes it hard to help you. If you have the money then you can rent a storage unit near where you live. Units are protected and you can get to your food as needed.
Report Post »Uncle Sammy
Posted on June 20, 2011 at 12:38pm#1 – how about being a bit more charitable to those from whom you are seeking advice? That said, look at the walls in your apartment. Undoubtedly, there are several walls which have little or nothing in front of them.. perhaps only used to define a hallway or support pictures. You can reasonably use that space; up to 1 foot away from the wall, without impeding passage. You can easily stack supplies neatly against your unused wall and if needed, cover the stash with a decorative rug or even a blanket. Don‘t say there isn’t one. There is. If all else fails, use the space under your bed. You can also use floor supported ceiling storage. Since few people are anywhere near 7 foot tall, there is a minimum of something over 1 foot of wasted space at ceiling level. You could easily and cheaply build a “canopy” over your bed and make your stash virtually invisible stored above it. Just because you live in an apartment, does not mean that you do not have options. If the aesthetic value of your apartment is more important than having food storage; well, that really isn’t my issue; it’s yours.
Report Post »roseblood
Posted on June 20, 2011 at 12:45pm@UPSTATENY – I have seen that stuff, and all I can say is you have to be able to tolerate what you have stored. It‘s worthless if you can’t stomach it. What I have right now takes up about 30 cu. ft. of space. I have the essential equipment I need, and then some… but truly being self-sustaining is not feasible in an apartment.
@Sam Brown – I have storage, but it’s not readily accessible. However, any storage unit is only as protected as the lock and obscurity under when you keep the contents. I can speak with certainty on a few storage area owners who have no problem going through units if something happens. Only that which I can defend is truly secure.
My financial situation is private, but I will share this much: I put out nearly 30% of my income in debt payments for non-luxury items. Thankfully, however, I am now single and I don’t have to worry about taking care of others when it comes down to it.
Report Post »upstateny
Posted on June 20, 2011 at 12:57pmRoseblood, You are being blatantly adversarial and it makes me question your intentions, you are on your own.
Report Post »Sam Brown
Posted on June 20, 2011 at 1:03pm@roseblood
My advice is based souly on “if it works for you” We all are different and some things we do others can’t. Information never hurts in a decision.
Report Post »roseblood
Posted on June 20, 2011 at 1:42pmAdversarial maybe… but only so much as a couple others I have seen here. My point is that some people do not have the means to be as prepared as others, and they do not deserve one’s condemnation because of it.
Each of us does what we can with what we have. I happen to have a decent set of skills that will be valuable when the SHTF. In the mean time I make the best of what I have and what I can do.
I do, however, find incredibly humorous all the apocalyptic views on here… all seem just short of FEMA camps and black helicopters sometimes. LOL
Report Post »Sam Brown
Posted on June 20, 2011 at 12:12pmBack in the eighties when the government tested a government made depression in the NW called “the spotted owl”. They shut down the timber industry and devestated the tax structure in the North West. I got caught in the middle of it.
From then on I could see you could never trust government so I have prepared my life for this depression since the 80s. I will be OK till they dump the dollar, then it won’t matter cause we will all be screwed.
Report Post »palrider1
Posted on June 20, 2011 at 5:07pmI once lived in Idaho for twenty-sixs years. I remembered a tea shirt on how to make owl soap. LOL
Report Post »nomercy63
Posted on June 20, 2011 at 12:10pmLOL whatever we make regardless they take, we are nothing more then hamsters in the wheel!!!!
Report Post »upstateny
Posted on June 20, 2011 at 12:10pmThe one thing no one has ever mentioned is to get to know your local farmers. If it all breaks down you can work for milk, eggs, meat etc.
Report Post »APROUDVETERAN
Posted on June 20, 2011 at 12:26pmWe have farms who offer shares of their co-operative and fortunately —–although getting on their list to be part of what they offer is quite a wait —- other farmers are starting to do the same–i.e. selling shares….I’m on their lists and waiting…..In the interim I am buying an alarm system to install throughout the house and grounds….
Report Post »upstateny
Posted on June 20, 2011 at 12:33pmI am lucky where I live you can‘t swing a cat around by it’s tail and not hit a farmer. We have just about everything within a 25 mile radius. From real milk with the cream that rises to the top of the bottle to Ostrich and Buffalo.
Report Post »APROUDVETERAN
Posted on June 20, 2011 at 12:06pmI paid off all my debt. I am starting a backyard garden. Have the ammo and necessary firearms.
Report Post »Windows and doors are double and triple locked . I am buying a LNG powered generator.
Am starting a veggie garden. Want to learn how to “put up”/can veggies for long term storage…..anyone out there have a book that they can recommend on how I can go about canning and storing what I grow? Thanks
upstateny
Posted on June 20, 2011 at 12:14pmI have “Complete Book of Home Preserving” by Ball. You don‘t really have to go buy one it’s all available online. Another option is to contact Cornell Cooperative or when your county has it’s annual fair go right to the 4H and farming section and ask questions. If you show genuine interest you will get more information than you will ever need, they love to share their knowledge.
Report Post »PatriotSmith
Posted on June 20, 2011 at 2:27pmAll your missing is reloading equipment but the way it sounds you’ve probably got that down pat! Hope I can soon be as prepared as you
Report Post »roensroost
Posted on June 20, 2011 at 11:19pmGo to the store and buy the “Ball Blue Book”. This will give you all the information necesary for canning, including recipec.
Report Post »Uncle Sammy
Posted on June 20, 2011 at 11:37amTexas Grasshopper – That is “partially” true. I don’t understand all the specifics, but as of July 15; over the counter futures trading in gold / silver ( and soon, other commodities) will not be allowed. As I understand it, this affects only over the counter trades, not brokerage trades ( your online account ). It also only affects contracts which have no requirement for physical delivery. Again, I don’t have all the specifics, but this should answer your basic question.
Regarding paying off your debts; debt free is good. But pay yourself first. If you don’t have some savings put away that needs to be top priority.
Regarding prepping… don‘t forget to stock up on the things we don’t really think about too often. Feminine hygiene products, first aide stuff ( including a suture kit; a sliced open foot or hand without a doctor available could easily kill you ), don’t forget vitamins…
Report Post »wewantchillywilly
Posted on June 20, 2011 at 10:56amWe Own it!
-Obama 2012
you sure do, buddy!
Report Post »conservativewoman
Posted on June 20, 2011 at 10:53amFathers Day, the grocery store was packed and the parking lot full. My husband stopped by the store for a couple of items he needed. He said two fights had broken out OVER PARKING! I can’t wait to see what it will be like when there are food shortages.
Report Post »I no longer go to the grocery store or gas station without him.
RLTW
Posted on June 20, 2011 at 11:11amSame thing happening in my AO, massive fight broke out in my local grocery store due to shoplifting, all the local cop’s I know say this sort of thing is happening all the time now.
Report Post »APROUDVETERAN
Posted on June 20, 2011 at 12:10pmFights over parking spots have become a rather common happening in these parts and I am in a rather upscale part of the east coast. I try to limit my shopping to off hours to avoid both the traffic AND the fights. Pretty sad state of affairs…..
Report Post »APROUDVETERAN
Posted on June 20, 2011 at 12:21pmUnfortunately if you look at the people who are provoking and starting the fights are pretty much of one ethnicity . I don’t consider myself a racist; its just the facts. We know that the toughest hit in our lousy financial/employment situation are those that are poorly educated and have been living below at or near poverty for years. They’re the first to lose their jobs and the ones that cant “bounce back”. I would hope that law enforcement would be more watchful of the communities where these people live. Sadly because of job cuts and layoffs in many areas our law enforcement is not adequate and its only going to get worse.
Get to know your neighbors, start a “neighborhood watch” and be vigilant and PRAY.
Report Post »Konacow
Posted on June 20, 2011 at 10:47amI and my wife are set for a Financial Emergency, we have and trust in JESUS CHRIST, for HE is always with us and HE will guard over us at all times. HE has helped us through things all the time and has never let us down, Amen !!!
Report Post »Uncle Sammy
Posted on June 20, 2011 at 11:51amI concur.. however; I hope that does not mean that you are not making prudent and necessary physical preparations. Remember Jacob when sold into slavery in Egypt. He rose to second only to Pharaoh and was warned by God of 7 fat years followed by 7 lean years. He stocked up; not because he had no faith; but because he had faith and understood that we are to be as wise as serpents, but as harmless as doves.
Report Post »flsnipe
Posted on June 20, 2011 at 10:39am**** and locked , a ton of food and a stash of Whiskey But to maney neighbors who will come to take it all away when it hits the fan.
Report Post »Darla_K
Posted on June 20, 2011 at 10:34amI am thinking not to many people have alot of extra money to stash away. All we can do is prepare the best we can. Store food, water and any prescriptions or medicines you might need. They can’t take our common sense away from us.
Report Post »morristhewise
Posted on June 20, 2011 at 10:15amDeporting the terminally unemployed to Africa and Mexico would erase the national debt and save taxpayers billions. It would eliminate most violent crime and the need for a large police force. This proposal should be put up to a vote and most likely would become law.
Report Post »seeker9
Posted on June 20, 2011 at 10:09amI got the cash, but how good is it in a severe crash? Stocks crash, money market funds crash, “paper” gold dependent on underwriter’s survival, banks only good for $250K, progs would confiscate IRA‘s and 401k’s. Could short stocks with ETF’s but, once again, dependent on underwriter’s survival. Have to just try to minmize damage.
Report Post »Susan Harkins
Posted on June 20, 2011 at 11:29am@seeker9
No dear, you will not ‘just try to minimize damage’. You are a full-blown masochist. You are fully aware of paper assets reverting to their intrinsic value and you are only “bracing for minimizing your paper losses”?
ROFL! I have complete faith in you, that you will OBLITERATE your wealth status!
Report Post »seeker9
Posted on June 20, 2011 at 12:49pm@Susan Harkins
Thanks. I am SO encouraged NOW!
Report Post »Neo Con John
Posted on June 20, 2011 at 10:08amMy fellow Patriots,This headline says it all.
Report Post »They called Mr. Beck crazy for trying to alert people of the on coming crisis,
It will not be long before we will be facing our own citizens in the streets because they
did not prepare,
How will you respond? Regardless of the your answer,
I only ask you to remember one thing,
We are ALL AMERICANS!
Some have been mislead and uninformed by their leaders, whom must be replaced then,
WE MUST STAND TOGETHER TO REMEDY THE PROBLEMS TOGETHER,
because it will only make us STRONGER!
tinydd
Posted on June 20, 2011 at 10:07amFood storage and ammo will be what is needed when the colaspe comes and if it doesn’t? Then you can always eat the food and save the ammo for a rainy day. Money in the bank will be worthless and having some gold and silver might be the only accepted tender if the sh_t does hit the fan and if it doesn’t? Well you can always sell it.
Be prepared people becuase if things good bad, Liberals will be roaming the streets looking for a hand out and if not, will try to take it from you.
Report Post »Roberto G. Vasquez
Posted on June 20, 2011 at 10:03amNot to worry, after Obama destroys the economy he will take good care of us! Won’t he?
Report Post »Anonymous T. Irrelevant
Posted on June 20, 2011 at 10:38amIf you are one of “his people.” Maybe you can get in the pickford line to get your reparations.
Report Post »CatB
Posted on June 20, 2011 at 11:25amI believe what Roberto was getting at was SARCASM. Obama has the stash .. and we get the bill.
TEA!
Report Post »Oh My God
Posted on June 20, 2011 at 10:00amIt‘s hard to have six months back up when you can’t even afford food today. Buy good shoes so you can stand in food lines.
Report Post »aragona
Posted on June 20, 2011 at 10:10amI am in the same position. I am throwing every penny I have at paying off my credit card debt. I’ve cancelled all my luxury expenses like cable, cell, newspapers, etc. I feel a frantic, pressing need to get this card paid off as soon as possible. I’ve made good progress, halving the balance in the last year. To that end, food has become a luxury item. Once all my bills are paid, I usually end up with about $200/month for gas, groceries, unanticipated expenses, etc. Very, very tight but it needs to be done.
Report Post »Dustyluv
Posted on June 20, 2011 at 10:58amDo you have a part time job? You can mow lawns to make extra money. You can do hundreds of things other than whine that you dont have food storage. You can do an Ebay business and make extra coin. If you dont, you will be unprepared and you will be a statistic…Looks like you still have unternet access…that is 20 bucks that could go to food stotage. 40 cans of green beans could help you survive a few more days.
Bottom line, if you DON’T do something, you are toast.
Report Post »SpeckChaser
Posted on June 20, 2011 at 12:08pm@aragona
I suggest get a copy of Dave Ramsey’s total money makeover. It sounds like your already on track but his plan will show a great way to get/stay out of debt and what to do after that.
Or you can view his website and read the 7 baby steps and get the general idea with less explanation. Good luck, it has worked for me!
Report Post »aragona
Posted on June 20, 2011 at 1:09pmNot whining. This is just a statement of my reality. I do have some food and essentials stockpiled. I did that with my last tax refund. The internet belongs to my job. :)
Report Post »SpankDaMonkey
Posted on June 20, 2011 at 9:58am.
Report Post »Yes as ready as one can be for chaos……….
Bloody Sam
Posted on June 20, 2011 at 9:57amEven if the majority of Americans had the recommended 6 months finances set aside, what does The Bernanke suggest we do? Cash out and convert to gold? Pre-1965 dimes?
Report Post »When the dollar goes down the drain, it doesn’t matter how much one has “set aside”.
All we can do is stockpile tangible assets like food, water and ammo.
.22 long rimfire ammo will become the new coin of the realm in the short term after the dollar hits the *****.
aragona
Posted on June 20, 2011 at 10:10amMy thought, as well. Cash may end up being worthless.
Report Post »streetrodder
Posted on June 20, 2011 at 10:15amTime to place another order with Cheaper than Dirt!
Report Post »Texas Grasshopper
Posted on June 20, 2011 at 10:27amI hear that on July 15th over the counter Gold and Silver will become illegal ? IS THIS TRUE ? Anybody ?
John 3:16
Posted on June 20, 2011 at 10:36amYes, I agree, that the dollar is becoming irrelevent more and more. Cudos to those curbing their wants and seeing to their current and future needs. Pay off what you can, do not be a slave to your creditor, if you can dump them, do it. For the rest of us, those of us who are prepared, will help our families and other less prepared Patriots. God will feed HIS sparrows !!! Tea.
Report Post »Dustyluv
Posted on June 20, 2011 at 10:52amI have several Zimbabwe TRILLION dollar bills….That is where we are headed. You want gold and small silver coins. They wont make it illegal to own gold or silver and if they do, they will have to have a gestapo like police force to stop the black market. That would be insane and unralistic. Kinda like the FEMA camp BS rumor.
You are right…ammo will be one of the new currencies as well as coffee, sugar, non GMO seeds and a few other staples. The black market will rule until the Government goes back to the Constitution…
Report Post »Susan Harkins
Posted on June 20, 2011 at 11:04am@streetrodder
Do you know how many people I hear these days say: “I dont need no stinkin’ stockpile. I just need a gun and go rob others.”
Dear Streetrodder, I hope that you really dont believe that. You are sadly underestimating a select group of the population, which can be quite deadly on your behalf. You really need to think about it on a bit deeper level. People who go all out and stockpile everything so that they dont die, are CERTAINLY stockpiling weapons and ammo for the SAME REASON: TO SURVIVE. These will be the FIRST people who blow your head off just for getting too close to their house. And then they work you into their garden for next year’s tomatoes. Oh…and they keep your “cheaper than dirt” gun also.
Are we getting the picture now? Go stock up. Otherwise you will be tempted to test your theory and will die, trying. Only trying to help ya, dear. Being dead is not a “them only” thing. Go get a hammer and smash yourself on the hand — focus on the pain. You really need to wake up.
Report Post »Dustyluv
Posted on June 20, 2011 at 11:29amSusan, you know they say “You can’t fix stupid”? They don’t tell you that you can shoot stupid if it gets to close to the food supply…
There will be some that try to rob their way to food. They may even get away with it for about a month or so. Then it will get tough. They can only dance in the mine field for so long.
Report Post »Susan Harkins
Posted on June 20, 2011 at 11:36am@Dusty
“They can only dance in the mine field for so long.”
So true. Everyone is a hero BEFORE battle. And those that make it out — well, they come back pretty humble. Go figure! He is probably just some you video-gamer kid who’s worst experience in life, was scraping his knee when falling off his skateboard.
:- )
Report Post »Sam Brown
Posted on June 20, 2011 at 1:45pmThey dump the dollar and all shipments of food and fuel will stop. Who would sell or move commodities for worthless dollars. Americans for the most part will be afoot and life will be measured by how long it takes to ride a bike somewhere, or walk. They dump the dollar and what you have is all you will have, buy smart.
Report Post »ecurbyy
Posted on June 21, 2011 at 9:21amI have been homeless, hungry and cold. I’m not anymore, but, while I was, I learned many things. When the spoiled rotten citizens, the ones that expect to get whatever they want, whenever they want it. The ones that think “that could never happen to me”, have gone a few days with no food, shelter or water, they might learn too. Concern yourselves with the things that keep you ALIVE. And be grateful for them.
Report Post »Snowleopard {gallery of cat folks}
Posted on June 20, 2011 at 9:55amI have to admit, I am in the category of not having a six month emergency funding for the inevitable crash coming…I have finally gotten out of debt and am glad for it.
Report Post »Neo Con John
Posted on June 20, 2011 at 10:12amSnow, you are one who will be a leader in how this matter is resolved.
Report Post »After following your comments for a while, I believe because of your resolve you will struggle,
but others will follow your lead on how to handle the unknown that lies ahead.
Stay Strong Snowleopard,
MONICNE
Posted on June 20, 2011 at 11:50amBe at peace, little snowleopard, and be grateful for waht you have. It is an honor to owe no one. You are what every man should attempt to be.
Report Post »followthefounders
Posted on June 20, 2011 at 1:23pmMy appeal to those that can read the “signs”. Do what it takes to prepare ! These people can help. http://www.StoreNSurvive.com We did…. what a relief to be ready.
Report Post »BONETRAUMA
Posted on June 20, 2011 at 9:54amObamas got the stash
Report Post »Snowleopard {gallery of cat folks}
Posted on June 20, 2011 at 10:07amAnd so do most of his cronies of the administration.
Report Post »Sinista MACE
Posted on June 20, 2011 at 10:13amThe headline ought to read “Are you ready for Martial Law under the guise of an ‘Economic Emergency’ ?”
The TSA Stasi Nazi Police Force are already rolling out onto your streets.
Will you stop the militarization of our country by an illegal Nazi Force?
Or will you sit there like a little b!7c# and call me conspiracy theorist and whackjob and nutty and all that propagandist BS??!?!
These Neocons and Liberals behind the Blaze doesn’t want to get you too rilked up over this…so they water it down.
But soon as some blacks are acting out in public or they want to start some racial argument, they’ll put out their stupid stories like “Are whites more discriminated against than blacks?” and play it up for all it’s worth.
Report Post »BlazingPatriot
Posted on June 20, 2011 at 10:15amMany Americans may not have an emergency fund set up but they certainly “do” have a big screen tv (perhaps two), cable tv, internet, smartphones, two or three cars and several other luxuries, not to mention the maxed-out credit cards in their pocketbooks.
Report Post »TomFerrari
Posted on June 20, 2011 at 10:39amAnd GLENN is the insane idiot telling people to be prepared.
Was ANYBODY on the left ever in the Boy Scouts?
“Be Prepared”
The socialist democrat people want you to believe it is unAmerican to be prepeared.
Report Post »Of course, they would probably endorse poisoned food if Glenn suggested we not eat food with poison in it.
Locked
Posted on June 20, 2011 at 10:42amLooks like I buck the trend. Under age 30, have 6 months expense stashed away. If I could, I would pay my entire year’s rent as soon as I move into my new apartment. Oh well.
The way I see it, it must be toughest for:
Report Post »1. People fresh out of school/into the workforce (due to having the worst jobs)
2. Young families. Children and marriage can suck up money quickly, especially if they happen in your 20s.
Bearfoot
Posted on June 20, 2011 at 10:43amI usually do not respond to Sinista MACE, but this time I think he has the situation clear in mind.
Report Post »In Luke 21:25-28, you will find a description of the seriousness of our times that are coming upon us.
It is called the “Last Days” that precede the end of this present system of things.
Dustyluv
Posted on June 20, 2011 at 10:46amSilver…check
Gold…check
Ammo,,,check
Food supply…check
Alternative energy…check
Water…check
Debt..nope
Look me up when you need some food or water…bring silver. I ain’t taking toilet paper dollar bills…
The big cities will burn to the ground and I believe millions will die in riots and of hunger because they did not prepare. Most Americans are fiddling as Rome burns. They will soon see the fire and see they are the weenies and marshmallows in the weenie and marshmallow roast. Fools…
I have had several people laugh at me because they found out I am prepared. They will also find out the ark door is closed to those who mocked when the SHTF. Unless they wake up, they will be statistics…How about you? Yea, I know, you are a fool too….
Report Post »Susan Harkins
Posted on June 20, 2011 at 10:56am@Dustyluv
I went through your checklist — looks like we have the same things checked off. lets add some more…and stretch it out for 10 years…
clothes ….check
shoes…check
gardening supplies…check
heirloom seeds …check
fire starter — check
wood heater — check
When ya run out in 3+ years, bring Susan your silver, dear! I’ll hook you up.
<>
Report Post »WhiteFang
Posted on June 20, 2011 at 10:57amBearFoot,
Actually we should read the entire chapter of Luke 21 to get the whole picture.
Report Post »mils
Posted on June 20, 2011 at 11:03amThere is very little that the “average” american can do…. Seriously, in general we live pay check to paycheck . All we can do is pay off what we can, put food etc away
“experts’ tell us to do a hundred different things without understanding..we can’t.
Report Post »We have stock that we depended on for dividends…well, we haven’t lost the stock, but we no longer get the dividends that we were counting on. Things are difficult , it’s not easy to do what we could 10 years ago!!!
CatB
Posted on June 20, 2011 at 11:19amEven if we WERE … most aren’t now … 2 years of Congress under Pelosi and Reid + Obama’s 2 1/2 have pretty much taken care of most people’s planning and “financial security”.
TEA!
Report Post »Susan Harkins
Posted on June 20, 2011 at 11:19amHey Guys…
Listen up….this is one thing that MOST people will fail to take into consideration until after 6 months has grown into a year and they are eating on a poor diet of carbohydrates only…
GET MULTIVITAMINS — Approx 3-4 years per person. This will be the slow creep of death, no how much you feel that you are prepared. Your body will slowly start breaking down, from long durations of lack of essential vitamins and minerals. Remember those wraggly, skinny people in tattered clothes that you saw in pictures toward the end of the first Depression? Do you want to look like that?
Stock on Vitamins this week…pack your closets…you are going to need them, on the decade-long diet that you and your family are going to face.
Hope that serves as a good “Thought for the day”, for all you Blazers.
:-)
Report Post »Dustyluv
Posted on June 20, 2011 at 11:23amSusan…I have 10 years or more in storage. I am pretty well set even though I will probably not outlive my supply as I’m an old fart. I can live like a caveman if I am forced to. I even have a doctor that is of like mind and thinking that is stocking up and preparing with me. We learn from each other…Maybe I will be a doctor when the SHTF LOL
Report Post »But, I will probably be running a black market store somewhere too…Maybe you will be a customer? At least we know what to do….
CatB
Posted on June 20, 2011 at 11:26amI would like to add .. that getting to know and joining with fellow patriots .. through a TEA Party or 9/12 Project group would also be a good place to start if you haven’t done so yet.
TEA!
Report Post »Susan Harkins
Posted on June 20, 2011 at 11:33am@Dustyluv
Yea, I read some more of your posts. It seems like you have it pretty well pegged. I am glad to hear of others like yourself, showing to will and fortitude to overlook their “normalcy bias” and prepare for the worst. I do wish you and yours the best, in the miserable decade that awaits this country. We will either by tough as leather, or dead as leather, by the time we come out of this mess.
Report Post »MONICNE
Posted on June 20, 2011 at 11:48amI am fabulously wealthy and live in a gated community where we have internal martial law.
Report Post »Sinista MACE
Posted on June 20, 2011 at 12:26pmGod…Check!
Kush…check!
Food…check!
Water….check!
Guns….triple check!
Debt….nope.
Neighbors…check!
Alternative energy…check!!
Alternative communications…check!
Spaceship….not quite…working on it…
Report Post »DTOM_Jericho (escaped PA)
Posted on June 20, 2011 at 12:52pm6 months savings = completely worthless when dollar collapses. It’s actually worse than nothing at all because you feel there is a safety net.
Report Post »USAMEDIC3008
Posted on June 20, 2011 at 12:59pmDon’t have much food or &&&’s stashed , But have several credit cards
Report Post »that are good world wide.
Springfield Bank, S&W Bank,and The Bank of Kimber USA…
DTOM_Jericho (escaped PA)
Posted on June 20, 2011 at 1:05pmNothing like a weiner measuring contest with the now en vogue SHTFers. Please resist the urge to taunt/peacock and be constructive.
One thing I would recommend that the peacockers rarely mention is: move. If you can afford it, move to a place that will not be full of civil unrest and looters. If you can find a farmhouse/farm to rent or buy this will help you get started on harvesting your own heirloom seeds, stocking firewood and owning animals. Moving is even better than a bug out plan if it is possible for you. Also, renewable supplies are a better option for you than using storage only(eggs, milk, meat, feed grain; all raised or grown by you).
Peacockers, close your feathers and actually contribute.
Report Post »Sam Brown
Posted on June 20, 2011 at 1:11pm@USAMEDIC3008
Yes I know the companies and will be looking forward to doing business with you LOL Realize you will be walking to get here though and like most people you won’t be able to carry much when you leave.Like most who live by the sword you will have to risk your life daily to steal what food you can carry. Most won’t last long that try this lifestyle
Report Post »jakartaman
Posted on June 20, 2011 at 2:35pmWhen all the government freebee handouts stop to those that have been use to getting them ie inner city dwellers – (and this will HAVE to happen) they are going to be unhappy and feel discriminated against and come for your hard labor earnings. You can have all the seeds and gardening etc etc. but if you can not protect yourselves and your possessions – well – you would also best to have a strong local alliance with other like minded and prepared citizens.
Report Post »It’s coming faster than you think – watch the world in regards to doing away with the US dollar as the world currency – When this happens – go underground!!
fatjack
Posted on June 20, 2011 at 3:10pmObama has already stolen my stash.
Report Post »Brooke Lorren
Posted on June 20, 2011 at 3:10pmNo emergency fund… since I work for myself, I can’t get fired; dh is a student and also works for himself, and for a business that he started with a partner (can’t get fired there either). We own two cars; I have no debt, but dh has student loan debt. Some of my income is earned in Euro and Pounds. We have food and a small amount of silver.
Nothing is stable except God; when the world collapses, cash in the bank is going to be worthless. I do have some skills that will be useful in a more primitive society, and have friends with complimentary skills. More important than a few dollars in the bank is the mindset that tough times are coming, getting as healthy as possible now, and learn skills that can be useful no matter what happens.
Report Post »Sinista MACE
Posted on June 20, 2011 at 3:16pmPeacocking is fun when you’re peacocking to the New World Order.
The Elites hate being teased and taunted. Especially on camera.
Report Post »jb.kibs
Posted on June 20, 2011 at 10:48pmmy first question is, why are they asking that question of people?
Report Post »Longshot35
Posted on June 21, 2011 at 5:45amI’d have to disagree. Obama gave it all to the unions (such as the autoworkers union at GM) for their overly large/ bankrupt pention funds.
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